...BUCHAREST UNIVERSITY OF ECONOMIC STUDIES BUSINESS ADMINISTRATION FACULTY (ENGLISH Section) Analysis of Metro GroupInternational Business project | | Students: Custură Ruxandra Gabriela Imre Botond Munteanu Teodora Metro Group 1. Description of the company 1.1 Field of activity Metro AG, is otherwise known as Metro Group, established in 1964 by Otto Beisheim. It is a German global diversified retail and wholesale/cash and carry group based in Düsseldorf. It has the largest market share in its home market, and is one of the most globalised retail and wholesale corporations. It is the fifth-largest retailer in the world measured by revenues (after Wal-Mart, Carrefour, Tesco and Kroger). Metro Group has 280.000 employees, from 180 nations, with over 2.200 outlets in 32 countries in Europe, Africa and Asia. With this force, Metro Group is one of the most important international retailing companies. In Metro AG portfolio we can find some internationally strong sales brands like: * Metro Cash & Carry - the world's market leader in cash & carry; * Real Hypermarkets – purchased by Auchan; * Media Markt and Saturn - Europe' s leader in consumer electronic retailing; * Galeria Kaufhof - the system leader in the department store business. When doing business, Metro AG goes after important values such as: * Responsibility towards our customers, stockholders and the public; * Innovative strength is one key to success; ...
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...public mass transport system. The existing Mumbai Suburban Railway carries over 7 million passengers per day,[18] and is supplemented by theBrihanmumbai Electric Supply and Transport (BEST) bus system, which provides feeder services to station-going passengers to allow them to complete their journeys. However, due to the city's geographical constraints and rapid population growth, road and rail infrastructure development has not been able to keep pace with growing demand over the last 4-5 decades.[19] Moreover, the Mumbai Suburban Railway, though extensive, is not built to rapid transit specifications. The main objective of the Mumbai Metro is to provide mass rapid transit services to people within an approach distance of between 1 and 2 kilometres, and to serve the areas not connected by the existing Suburban Rail network. Original Mumbai Metro master plan[19] | Phase | Line | Name of the corridor | Length (km) | Phase I (2006–2011) | 1 | Versova - Andheri – Ghatkopar | 11.07 | | 2 | Colaba - Bandra – Charkop | 38.24 | | 3 | Bandra - Kurla – Mankhurd | 13.37 | Phase II (2011–2016) | 4 | Charkop - Dahisar | 7.5 | | 5 | Ghatkopar – Mulund | 12.4 | Phase III (2016–2021) | 6 | BKC - Kanjur Marg via Airport | 9.5 | | 7 | Andheri(E) - Dahisar(E) | 18 | | 8 | Hutatma Chowk – Ghatkopar | 21.8 | | 9 | Sewri – Prabhadevi | 3.5 | The Government of Maharashtra through the MMRDA, in order to improve the traffic and transportation scenario in Mumbai and to cater...
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...transport in the capital, Delhi Metro is not a new or even recent idea for Indians. In fact, the idea was brought into consideration about some fifty years back, but the bureaucratic red-Taoism made it to take such a long period to come into reality. However, on December 26, 2002, the people of Delhi got the first ride in this much-awaited dream train. Delhi Metro’s first phase has been completed. And, with this, the DMRC (Delhi Metro Rail Corporation) can claim to provide transport to two million passengers every day with a train at every third minute. In its first phase, the Delhi Metro is operational between Sahara and Ties Hazard stations with four other stations in between. The Metro is on, and the people are happy with the service it is rendering. After all, now they have an alternate to the suffocating packed blue line buses and the inadequate service of the DTC – run CNG buses. With the Metro option, the passengers are not only saved from the inconvenience of the road transport, but they also experience a world class service at very affordable fares. It is really pleasing to note that a passenger can reach from Ties Hazard to Sahara in just fourteen minutes by spending as much money as he would spend through a bus. Thus, while it saves the passengers from the trouble of road transport and provides a much reliable service to reach places in time, it does not bother the commuter of any extra expenditure. Another outstanding feature the metro is that it is particularly...
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...Dubai Metro Facts * The Dubai Metro opened on 09/09/09 with ten stations operational under its red line * The Dubai Metro is also the world’s longest automated driverless train system * It has been launched in a record time of four years * The total cost of the Dubai Metro is estimated at 15 (28) billion dirhams * There are two metro lines covering the city – The Red Line and The Green Line * The Red Line has 29 stations covering 52 kms which is fully operational by Feb 2010 * The Green Line has 18 stations over 23 kms and opened in 2011 * Anyone with a valid ticket/Nol card is eligible to use the Metro – residents or tourists * There are four types of Nol cards – Silver, Gold, Red and Blue each serving customers as per their requirement * Train run from 6am to 11pm, Saturday to Thursday and from 2pm to midnight on Fridays. * The waiting time between trains during rush hours is 3 minutes 45 seconds and during off peak times is 7 minutes 30 seconds * 1,05,000 took the Metro during the launch weekend * There are four themes based on which the interiors of the metro have been developed – Earth, Fire, Water and Air * First aid crew, security crew in the train cars and station staff will help passengers have a smooth ride | 1.The Dubai Metro is the world’s largest automated driverless train system, with more than 70km of magnetic tracks. 2.The Metro will be able to carry up to 27,000 passengers in each direction every hour. When fully functioning...
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...INTRODUCTION TO METRO METRO Cash & Carry – this name stands for one of the great success stories in modern commerce. The unique wholesale business-to-business model of METRO Cash & Carry is focused only towards professional customers such as hotels, restaurant, and caterers as well as small and mid-sized retailers. METRO Cash & Carry offers this target group a greater efficiency than the multilayered supply chain thus helping them to improve their business: By offering them a one-stop solution for their purchases, by helping them to improve their assortment, by offering them high quality products at reasonable and transparent prices and by offering them a consistent supply source. What does METRO offer? METRO Cash & Carry is a reliable partner for more than 20 million professional customers worldwide. It gives them a clear competitive advantage in their own markets. Professionals can purchase everything they need to run their business: A restaurant owner, for example, can buy food like fish or vegetables as well as kitchen equipment and office supplies. METRO Cash & Carry offers an exceptionally wide range of high-quality products under one roof. Depending on the size and type of wholesale center, the assortment includes up to 20,000 items in the food range and 30,000 items in the nonfood sector. As the name implies, METRO Cash & Carry customers select their own items and take them with them to their restaurants and shops. With this unique business-to-business...
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...INTRODUCTION TO METRO METRO Cash & Carry – this name stands for one of the great success stories in modern commerce. The unique wholesale business-to-business model of METRO Cash & Carry is focused only towards professional customers such as hotels, restaurant, and caterers as well as small and mid-sized retailers. METRO Cash & Carry offers this target group a greater efficiency than the multilayered supply chain thus helping them to improve their business: By offering them a one-stop solution for their purchases, by helping them to improve their assortment, by offering them high quality products at reasonable and transparent prices and by offering them a consistent supply source. What does METRO offer? METRO Cash & Carry is a reliable partner for more than 20 million professional customers worldwide. It gives them a clear competitive advantage in their own markets. Professionals can purchase everything they need to run their business: A restaurant owner, for example, can buy food like fish or vegetables as well as kitchen equipment and office supplies. METRO Cash & Carry offers an exceptionally wide range of highquality products under one roof. Depending on the size and type of wholesale center, the assortment includes up to 20,000 items in the food range and 30,000 items in the nonfood sector. As the name implies, METRO Cash & Carry customers select their own items and take them with them to their restaurants and shops. With this unique business-to-business concept, the company...
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...ANNUAL REPORT / 2014 to ascend / to rise in rank OUR VISION Building on the synergies of our rich retail experience, strong foothold in the People’s Republic of China (“the PRC”), and our strategic partnerships, Metro aims to be a leading property development and investment group in the region. Contents Key Facts 02 Corporate Data 33 Metro Holdings at a Glance 04 Partnerships 34 Chairman’s Message 06 Financial Highlights 36 Board of Directors 13 Financial Summary 38 Key Management 16 Corporate Structure 17 Corporate Social Responsibility and Sustainability Report 40 Portfolio Review 18 Corporate Governance 42 We embarked on a new chapter of our strategy by broadening our property portfolio to build sustainable streams of profitability which now includes residential and mixed-use developments, beyond our core commercial development interests. In continuing to strengthen and enhance our diversified portfolio, we remain focused on pursuing a prudent and balanced expansion approach to capitalise on our core competitive advantages for long-term growth. Key Facts NET PROFIT OF S$106.9 MILLION FOR FY2014 The Group achieved a 64.6% increase in net profit to S$106.9 million in FY2014 on the back of higher revenue from the property division, fair value adjustments and one-off items such as gains arising from the disposal of a warehouse in Singapore and negative goodwill...
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...Toy Development Process, Regulatory Scheme and New Initiatives Jim Walter Chairman, TIA Safety Standards and Technical Committee Washington State Children’s Safe Product Advisory Committee July 29, 2008 1 Discussion Topics • Overview of toy industry characteristics • Vocabulary – construction and testing • Toy development and production process – Concept of accessibility • Global regulatory scheme – Testing methods and standards • TIA’s new Toy Safety Certification Program (TSCP) 2 Toy Industry Overview • Diversity in toy manufacturing sector • Designing for a global marketplace • Approximately half the toys sold are new to market within past three years • Highly seasonal nature to manufacturing and sales • Approximately 40% of toys marketed today have some electrical and/or mechanical components to support learning and play value 3 Toy 101 Vocabulary General Product Components • Surface coatings – outer surface - potential child contact – Decorations, labels, paints and other coating materials • Substrate – basic material of construction – Plastic, vinyl, cloth, metal or combination • Mechanicals – Screws, clips, springs, axels, gears, bushings • Electricals – Jacks, plugs, connectors, circuit boards, coated wires, solder, capacitors, resistors, diodes 4 Key Safety Terms • • ASTM F963 – 39 sections on “Safety Requirements” Small Part: – Prevent choking hazards in toys appropriate for children < 36 months of age Accessible Part of Component: –...
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...RYAN RN O OL IN CH ATI O N AL S EXCELLENCE IN EDUCATION & ALL ROUND DEVELOPMENT RYAN INTERNATIONAL SCHOOL SOHNA ROAD, GURGAON 2013-2014 Winter Holiday Homework (Class-XI) General instructions • Use A4 sheet for all the assignments. • Paste bold and clear pictures. • Give attractive borders to your assignments using coloured tapes and stickers. • All your assignments should be well labelled. • Submission date 15-01-2014. ENGLIGH 1. Prepare a poster on the following topics. • Creating awareness among the people regarding the importance of Rain Water Harvesting. Do not exceed 50 words. (Roll No. 1-12) • Promoting the use of cycles for health and economical means of commuting. (Roll No. 13-22) • Help old people. (Roll No. 23-38) 2. Write an article giving suggestions on ways to inculcate values in the students of your school. 3. Compose a poem, a rap or a song describing each and every student of your class. You may include your teachers also. The Holiday Homework should be done in the English assignment note book. PHYSICS Prepare an investigatory project report as part of the practical syllabus prescribed by CBSE for class XI. The project should be done in a display file compiled under the following headings: • Index • Certificate • Acknowledgement • Experiment (a) Aim (b) Apparatus and materials required (c) Basic principle and theory (d) Diagram (e) Procedure (f) Observations & calculations (g) Result • Bibliography CHEMISTRY Project and presentation on s and p...
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...tanımlayabiliriz. Dahası da var! Dünya'nın en büyük boy toptancı marketi olarak, dünden bugüne kat ettiğimiz yolun kısa bir özetini paylaşıyoruz. • Metro Group'un Temelleri 1964 yılında, Otto Beisheim tarafından Almanya'nın Ruhr bölgesinde Atıldı. • Metro Group, 1998 yılında Metro Toptancı Market'e Dünya'nın bir başka büyük boy markası olan Makro'yu katarak, uluslararası pazarda daha güçlü bir konuma ulaştı. • Dünyada Ooduğu gibi Türkiye'de de tüccarlar, esnaflar ve iş insanları Metro Toptancı Market ile çalışıyor. Metro Toptancı Market, profesyonellerin kendileri ve işyerleri için ihtiyaç duydukları 20.000 Çeşit Gıda ve 30.000 Çeşit Gıda Dışı ürünü, "fiyat-kalite-Sistem performansı," ilişkisini gözeterek sunuyor. • Metro Toptancı Market, Metro Group'un Lokomotif Şirketi olarak kabul edildi ve ülkemizde 1990'dan bu yana faaliyet gösteriyor. • Uygun fiyatlı binlerce ürünü, taze ve kaliteli, yurt çapında yayılmış olan Metro Toptancı Market mağazalarında bulmak mümkün. • Metro, Gıda Güvenliği konusunda birçok öncü projeyi şekillendirdi ve hayata geçirdi. Tedarik zincirinin tamamında yüzde yüz şeffaflığı sağladığı Antalya Metro Meyve Sebze Platformu ile IFS (Uluslararası Özel Standarts) Lojistik Standardizasyon Sertifikası'nı almaya hak kazandı. Bu çalışma ile Metro, sektöründe tek Türkiye'de tek olarak yer aldığı ülkelerde bir ilke imza ATTI. • Metro müşterilerinin gıda güvenliğini garanti almak altına almak için, Antalya'daki platformdan sonra Gebze'de Taze ve donuk ürünler için SOĞUK...
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...Children in the Metro Children in the Metro Kelly Elmore once said "Sometimes, the only way to ever find yourself is to get completely lost.” Finding yourself doesn't just mean realizing who you are on the outside but who are on the inside. Palmetto Health Hospitals created community programs that provides adolescent girls and boys help navigating through teenage years in a productive way. It is a non-profit organization that was created in 1998. The programs are based in several grade schools in the Columbia, South Carolina area. The Teen Health has six programs in its structure: Freshman Focus, ParenTeen, Teen Talk, Good Grieving, Giving Tree and Project READY. Freshman Focus is focused on teen pregnancy. Teen pregnancy is a major concern for our teens. "Palmetto Health partners with local colleges to implement a college-based sexual health workshop called Freshman Focus” (Palmetto-Teen, 2015). A 50-minute session provides factorial information to college freshmen on healthy relationships, sexually transmitted diseases, and methods to protect against STDs and unexpected pregnancy. "South Carolina was ranked 12 out of 51 (50 states + the District of Columbia) on 2011 final teen births rates among females aged 15-19 (with 1 representing the highest rate and 51 representing the lowest rate)” (Centers, 2013). Parents are the greatest mentors on their children's health and decisions about sex. Recognizing this fact, their "Maternal and Child Health Initiative offers free...
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...Hyderabad Metro is a rapid transit system, currently under construction, for the city of Hyderabad, India. It is being implemented entirely on PPP mode, with the state government holding a minority equity stake The Phase I of the project includes 3 lines covering a distance of around 71 km. The metro rail stretches between Nagole and Mettuguda (8 km) and between Miyapur and S. R. Nagar (12 km) are targeted to be operational by December 2014.In September 2012, the Indian government has approved Phase II which is expected to start in 2013. It includes around 80 kilometers. Hyderabad Metro Rail project has been selected as one of the top 100 strategic global infrastructure projects to be showcased at the forthcoming Global Infrastructure Leadership Forum being held in New York during February–March, 2013 Another important milestone has been crossed by the Hyderabad Metro Rail Ltd on Sunday with the casting of 1,000 segments. According to HMR managing director NVS Reddy, the precast segments will be joined together on top of the pillars to form a viaduct (flyover-like structure) on which two railway tracks (up and down lines) will be laid. The normal distance between two pillars is 31 metres (101 feet) and it will be covered by 11 segments. Each segment weighs about 35 tonnes and has a deck width of 8.8 metres (29 feet) to facilitate simultaneous movement of two trains in opposite directions. With a requirement of about 330 segments per one kilometer, the first precast 1,000...
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...Athens Metro can be certainly considered as a Mega-Project. It is a high cost infrastructure project, it took many years to develop and build, it involved many public and private stakeholders and it changed the life of many Athenians and the public transportation network of Athens. Furthermore, around some metro stations the urban weave infrastructure transformed from its previous condition Public transportation in Athens Athens is the capital of Greece and the largest city in the country. According to preliminary results of the 2011 census, its population is 3,737,550; however it is believed that more than 4 million people live in the Greek capital. As in every large city, the people of Athens use a wide public transportation network for their daily activities. The company responsible for the public transportation network is OASA S.A. and is exclusively owned by the Greek State. This company is divided into two subsidiary groups depending on the mode of transport (road and rail). On one hand there is OSY S.A., the company responsible for the road transportation means; and on the other hand, STASY S.A. is the company responsible for the rail transportation including Athens Metro. Brief History of Athens railways Line 1 (Piraeus-Kifissia) During the reign of King George I, in 1869, British entrepreneurs built the Athens-Piraeus line, which operated by locomotives. Until 1976, when the company was bought by the Greek State, the line was electrified and extended...
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...Calcutta’s Metro The major problem facing Project Managers is providing a clear and concise vision of the project details, who’s responsible for what and the initial budget. Without this the project has little or no chance to succeed. With a proper scope statement a project has the foundation for success. In the case of Calcutta’s Metro I believe the major problem was that the Project Manager (PM) didn’t effectively manage the project scope. A project scope according to Pinto is “everything about a project – work content as well as expected outcomes” . Since an effective project scope was not developed the project had multiple problems such as funding, construction plan, site ownership, pressure for stakeholders, and traffic flow just to name a few. The majority of the short term problems like traffic flow and pressure from stakeholders led to the long term problem of been over budget and time. Project Scope Management contains the following; conceptual development, scope statement, work authorization, scope reporting, control systems, and project closeout . Any one of these elements if properly managed and executed would have help with the success of the project. During the conceptual development the project team would have used brainstorming events that would have identified any problems to considered and plan for. With a scope statement the project team would have had a clean picture of what the project was, initial budget and responsibilities. The PM could have...
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...The pound-based WACC for Grand Met is 12.81%, while its dollar-based WACC is 11.01% 1.748 (1.027/1.043) = 1.721185 Spot rate, expected exchange rate. This shows that the dollar is appreciating in relation to the pound. This is expected as inflation is expected to be higher in the UK. This also explains the differences in the WACC between the two countries. In order to preclude arbitrage opportunities and account for difference in inflation rates, pound-based WACC has to be higher than the dollar-based WACC. 3. As is mentioned in the case, in the footnotes on page 6, the betas for the US and UK markets are mirrored in the betas for Grand Met in the two countries. The market volatility in the US is 4% lower than the market volatility in the UK. The difference in standard deviation of returns is factored into the country’s betas, which in turn is factored into the Grand Met beta calculations. In addition to that, we are told that there is perfect correlation between the two markets, which means they move together. The difference in the betas, then, reflects the way investors approach risks: it seems that the UK investors are more risk averse than the US investors. Additionally, we think that the differences in risk free rates in the two countries contribute to the different betas and different perceptions of risk between the US and UK investors. While the risk free rate in the US is 7.83%, the risk free rate in the UK is 9.6%. Because investors receive a higher...
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